Brazilian electricity mix solarizes significantly in 2022

Industry News – January 9, 2023

©Andre Nery / Shutterstock

Solar energy has experienced a strong boost in Brazil in 2022 – finishing the year with an installed capacity of 23,9 GW and thereby overtaking wind with 23,8 GW as the second largest electricity generation source in the Latin American country. With incredible growth rates, distributed solar generation increased by 80%, centralized solar generation by 50% in 2022.

Even Brazilian government´s estimates from September 2022 were surpassed by the dynamic market developments. Solar PV in Brazil now stays only behind hydropower, which contributes to 109,7 GW to the electricity mix.

Perspectives for 2023 are therefore more than promising: According the Brazilian solar energy association ABSOLAR, investments could reach more than BRL 50 Billions, generating 300.000 jobs for the new year in Brazil.

All news

Further Content

Webinar Collection

Promising Brazilian Photovoltaic Market – Opportunities and Challenges

June 1st, 2023

The solar photovoltaic market in Brazil has experienced remarkable growth in the last ten years. This year alone Brazilian developers have already installed at least 2.1 GW of distributed-generation solar and more than 1.3 GW of centralized PV.

Webinar Collection

Shining Light on LATAM Solar Markets: Insights from Brazil and Mexico

July 13th, 2023

During this webinar, our panellists will explore the factors that have contributed to Brazil and Mexico's success, including regulatory frameworks, investment opportunities, and technological advancements. Additionally, they will share their perspectives on the latest policy initiatives, market dynamics, emerging technologies, and potential growth areas.

News

The smarter E Digital: Access Smart Energy Insights — Anytime, Anywhere!

June 12, 2023

The smarter E Digital offers a wide range of content tailored specifically to the needs of the energy industry.

Dr. Hamed Beheshti and Ahmad Sandid

How Solar PV Is Helping to Achieve Sustainable Development Goals in Africa

The smarter E Podcast Episode 149 | Language: English

September 7, 2023

Africa has a huge untapped solar potential. The integrated solar water desalination project at Lodwar Hospital in Kenya is a flagship project that contributes to several Sustainable Development Goals.

Wes Stein, Chief Research Scientist for Solar Technologies at CSIRO

CSP – How Concentrated Solar Power Works

The smarter E Podcast Episode 150 | Language: English

September 14, 2023

With CSP we can achieve high temperatures of 150 - 1500 Celsius to drive power cycles or industrial processes such as cement production or green hydrogen. But how far along is CSP technology? Wes Stein will give us the answer to this and other questions.